David McSweeney
- Republican
Primary
Amends the Illinois Income Tax Act. For taxable years beginning on or after January 1, 2015, reduces the rate of tax to 3% for individuals, trusts, and estates and 4.8% for corporations. Makes corresponding changes concerning the distribution of tax proceeds. Provides that, if the State exceeds certain specified spending limitations, the Auditor General shall post a copy of the supplemental spending report on his or her website. Effective immediately.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Added Co-Sponsor Rep. Natalie A. Manley
To Income Tax Subcommittee
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. David McSweeney
Referred to Rules Committee
First Reading
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